Allianz SE (OTCMKTS:ALIZY) Receives Average Rating of "Hold" from Brokerages

Key Points

• Seven analysts give Allianz SE (ALIZY) a consensus rating of Hold—the breakdown is one sell, four holds, one buy and one strong buy—and Royal Bank of Canada recently initiated coverage with a hold rating.
• Allianz beat quarterly expectations with EPS of $0.83 versus $0.74 estimated on $33.04 billion in revenue, and the stock trades with a market cap of $168.49 billion and a P/E of 14.11 while analysts forecast about 2.63 EPS for the year.

Shares of Allianz SE (OTCMKTS:ALIZY - Get Free Report) have been given a consensus recommendation of "Hold" by the seven analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Separately, Royal Bank Of Canada started coverage on Allianz in a research report on Tuesday, February 17th. They set a "hold" rating for the company.

Allianz Price Performance

OTCMKTS ALIZY opened at $44.29 on Monday. The company has a market capitalization of $168.49 billion, a P/E ratio of 14.11, a P/E/G ratio of 1.13 and a beta of 0.63. Allianz has a 12-month low of $36.95 and a 12-month high of $46.24. The firm has a 50-day moving average price of $42.81 and a two-hundred day moving average price of $43.02.

Allianz (OTCMKTS:ALIZY - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.09. The firm had revenue of $33.04 billion during the quarter. Allianz had a return on equity of 17.50% and a net margin of 5.80%. Equities analysts expect that Allianz will post 2.63 EPS for the current year.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz's operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.

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